Image Source: The Fly
1. STOCK NEWS:
Apple (AAPL) reported upbeat Q4 results, with CEO Tim Cook saying Apple Intelligence “sets a new standard for privacy”
Amazon (AMZN) reported better-than-expected Q3 results and provided revenue guidance for Q4
Intel (INTC) reported mixed Q3 results and provided its outlook for Q4
Exxon Mobil (XOM) reported mixed Q3 results while Chevron (CVX) beat estimates on the top and bottom line for the quarter
Boeing’s (BA) machinist union has endorsed the latest offer, with a vote coming Monday
2. WALL STREET CALLS:
PayPal (PYPL) downgraded to Accumulate from Buy at Phillip Securities
Estee Lauder (EL) downgraded at JPMorgan, here’s why
Atlassian (TEAM) upgraded to Overweight at KeyBanc
Scotiabank upgraded Comcast (CMCSA) to Outperform
TD Cowen downgraded HII (HII) to Hold
3. AROUND THE WEB:
Microsoft (MSFT) will spend $10B from 2023 to decade-end with CoreWeave, The Information reports
Disney (DIS) has created a new unit to coordinate its use of AI and mixed reality, Reuters says
Elevance Health (ELV) sued U.S. health officials, saying Medicare was “arbitrary and capricious” in how it calculated its star ratings, Bloomberg reports
HSBC (HBSC), Barclays (BCS), and Standard Chartered (SCBFF) are looking to tap into a boom in U.S. commercial banking, Reuters reports
A jury determined Abbott (ABT) and Reckitt Benckiser’s (RBGLY) unit Mead Johnson are not responsible for a young boy’s debilitating intestinal disease, Reuters reports
4. MOVERS:
Adma Biologics (ADMA) increases after reaching a deal with KPMG to serve as its auditor
ChromaDex (CDXC) and Vir Biotechnology (VIR) gains in New York after reporting quarterly results
ASP Isotopes (ASPI) higher after announcing a 2.4M share offering
Lexicon Pharmaceuticals (LXRX) lower after announcing the U.S FDA Advisory Committee voted 11 to 3 that the benefits of Zynquista do not outweigh the risks in adults with type 1 diabetes and chronic kidney disease
FuboTV (FUBO) and DigitalBridge (DBRG) fall after reporting quarterly results
5. EARNINGS/GUIDANCE:
Wayfair (W) reported Q3 results, with CEO Niraj Shah commenting, “Q3 marked another proofpoint of resilience for Wayfair with further market share capture in the face of sustained challenges in the category”
Dominion (D) reported Q3 results and narrowed its guidance for FY24
Charter Industries (GTLS) reported Q3 results, with EPS and revenue missing consensus
Alliant Energy (LNT) reported Q3 results, with CEO Lisa Barton commenting, “We continue to deliver solid financial and operational results while executing our customer-focused strategy”
Magna (MGA) reported Q3 results and lowered its guidance for FY24
INDEXES: The Dow rose 288.73, or 0.69%, to 42,052.19, the Nasdaq gained 144.77, or 0.80%, to 18,239.92, and the S&P 500 advanced 23.35, or 0.41%, to 5,728.80.More By This Author:Here’s What Wall Street Is Saying About Amazon Ahead Of Earnings
What Wall Street Is Saying About Apple Ahead Of Earnings
Here’s What Wall St. Experts Are Saying About These Media Names Ahead Of Results
User rating: 0.00% ( 0 
The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
USD/JPY Making A Bullish N Pattern Through Chuvashov Fork
Ebay Rises As Morgan Stanley Double Upgrades On Payments Shakeup
The Pension Crisis Gets A Catchy Name: “Silver Tsunami”
